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XAUUSD

Oleh HAMED_AZ
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Hello traders ,what do you think about GOLD? Gold reached the ceiling of the channel and the resistance zone of 2200 with its continuous growth. It is expected that we will have a downward correction to the specified levels.
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Nota
CPI data was higher than expected, we expect the dollar to strengthen and gold to fall
Nota
About 300 pips fell from the analyzed level
Nota
The price can have a pullback to the 2180 zone and then enter the falling phase
Nota
After the pullback to the 2180 zone, it has dropped about 110 pips so far
Nota
The US data was released today in favor of the DXY. In the continuation of the expectation of further strengthening of the DXY and the fall of gold to the specified targets.
Nota
First target reached
Beyond Technical AnalysisForexforexsignalsgoldtrendHarmonic PatternsTrend AnalysisXAUUSD
HAMED_AZ
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